If you're looking for a platform that can help you create innovative insurance solutions using advanced analytics and scientific research, Verisk is an excellent choice. Verisk is a data analytics and technology partner to the global insurance industry, offering a wide range of tools and services designed to improve the entire insurance value chain. From new program development to data reporting efficiency and risk assessment, Verisk uses AI-powered risk modeling and large data sets to help insurers deal with today's challenges and prepare for tomorrow's.
Another noteworthy platform is Quanata, which offers a contextual risk prediction and mitigation solution for the insurance industry. Quanata leverages next-generation AI-assisted modeling, real-time telematics, and risk-based acquisition innovations to predict and mitigate risks. It also offers a cloud-native solution with a unified, audit-certified subledger for fast operationalization, making it a robust choice for modernizing claims and improving underwriting and marketing processes.
ForMotiv is also a strong contender, providing a behavioral analytics platform tailored for the insurance industry. ForMotiv uses machine learning technology to analyze digital behavioral data points in real-time, predicting user intent and guiding the next-best action for each applicant. This platform is designed to reduce premium leakage, improve agent oversight, and increase conversion rates across various insurance markets.
For a comprehensive, cloud-based solution, consider Insurity. Insurity offers a fully integrated platform for policy, billing, and claims management, enriched with AI-powered insights. It caters to property and casualty insurance carriers and manages general agents, providing a scalable and secure solution that supports the entire insurance lifecycle.